Shell looks to consolidate market lead in Malaysia
Global oil producer Shell has revealed plans to increase its market share in Malaysia by 5% in order to underpin its position as the leading fuel provider in the Asian country, PetrolPlaza has reported. Shell Malaysia intends to increase its market share this year by introducing a new suite of fuel products and by adding to its forecourt network, local managing director Mohzani Abdul Wahab has stated. “With our line-up of products, plus the opening of about 15 to 20 more new stations this year, hopefully we can add another 5% in our retail petrol business to 39% by end of this year,” PetrolPlaza reported Mr Wahab as saying. (February 13, 2007)